Turkey
Business Recorder | 5-Nov-2019
The Karkey dispute between the government and a Turkish ship-based energy firm has finally been resolved due to efforts of Turkish government, Prime Minister Imran Khan said.
Ahval | 4-Nov-2019
Ankara is in conflict with an international investment tribunal after a Turkish court has rejected a demand to halt criminal proceedings regarding a Turkish media tycoon and his family.
Express Tribune | 21-Oct-2019
International institutions, through high-level backdoor contacts, have agreed to waive off the $1.2 billion penalty Pakistan has to pay to Turkey’s Karkey, senior lawyer Babar Awan said.
Business Recorder | 27-Sep-2019
Pakistan has paid over $100 million to Turkish rental power company Karkey as a penalty out of $800 million, Senator Sherry Rehman has said.
Express Tribune | 17-Jul-2019
The International Centre for Settlement of Investment Disputes (ICSID) has declared that the Supreme Court of Pakistan’s judgment in the rental power projects case is ‘arbitrary’.
Business Recorder | 9-May-2019
The Government of Pakistan has reportedly created an Escrow Account worth $ 150 million to avert a negative ruling by the international arbitration tribunal in case of M/s Kakey uriterium rental power plant
Business Recorder | 22-Apr-2019
Pakistan government is reportedly in talks with the Turkish government and M/s Karkey for an out-of-court settlement to avert attachment of Pakistan’s properties in Europe
The Express Tribune | 16-Apr-2019
The key suspect in the rental power plants case – Laeeq Ahmed Sheikh, who is in National Accountability Bureau’s (NAB) custody, has revealed some astonishing facts.
Express Tribune | 8-Feb-2019
Pakistan said to have gathered fresh ‘evidence of corruption’ in the procurement of a rental power project (RPP) contract by the Turkish company.
Business Recorder | 17-Jan-2019
The federal cabinet is expected to approve supplementary grant of $ 1.37 million on to contest cases filed by M/s Karkey in courts of different countries as Pakistan’s assets abroad are facing "attachment" threat.
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CIAR Global | 6-Dec-2019
El pasado 2 de diciembre, el tribunal del arbitraje Stadtwerke München y otros contra España emitió su laudo favorable para España. Se trata del primer arbitraje relacionado con las reformas energéticas de las energías renovables que gana el país en el CIADI.
Correo del Sur | 6-Dec-2019
El procurador general del Estado, José María Cabrera, reveló ayer que al menos cuatro procesos internacionales que afronta el país ponen en riesgo $us 1.000 millones por una posible compensación en caso de fallos adversos.
GTM | 5-Dec-2019
Spain has offered an olive branch in its long-running legal battle with renewables developers. But the fight isn’t over yet.
Daily Monitor | 5-Dec-2019
Most Bilateral Investment Treaties (BITs) are not just used by investors to inform their investment decisions, but are increasingly becoming tools used to sue States in a foreign or international court.
Chile Mejor sin TLC | 3-Dec-2019
Hasta julio de 2019, Chile ha suscrito 29 acuerdos comerciales y tratados de libre comercio con 65 países y áreas económicas. La mitad han sido acordados y han entrado en vigor solo en los últimos diez años. Todos han sido establecidos durante los últimos treinta años, es decir, bajo gobiernos democráticos.
New Indian Express | 2-Dec-2019
Reports claimed that foreign investors threatened to drag Andhra Pradesh to international arbitration for ‘cancelling’ renewable power purchase agreements.